Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Been in GEMD for about 5/6 years if not longer. Only been in profit a couple of times, but do have a average of £1.26 now. Was buying them monthly, but decided to stop and move onto other stocks a couple of months ago... might return to monthly buys in the future after Q1 is known. Time will tell, but it's about time the company did do something for us long term holders and not just for themselves. Also need to start finding the big stones again in good numbers, as they make all the difference. AIMHO :-)
Personally it's got to be a good move by the company to put Ghaghoo on maintenance until the diamond price increases. Held up well today and as Holeefook says if we can find a few big rocks this could move in the right direction again quickly... IMHO :-)
Your not alone... read this board most days to see if there's anything new. Really don't know why this share does so badly... no debt which I always look for. Could do with a few more bigger stones, but that could change tomorrow. One day soon hopefully this turns the corner. I buy every month and getting my average down to about £1.20 next week.
Yes, one day this share will turn and will become very interesting. Having no debt is the winner for me. I just keep putting my monthly investment into GEMD. Over the last year they have not really mention to much about finding big stones, but it's always good to get a wee RNS with their finds :-) with sterling dropping still it's all more money in the coffers for us. IMHO
It's a crazy drop, but one that I'm not sure we can get out off. Was so close to selling two weeks ago, but never did. Heavy investment in Europe with offices going to open in Italy if my memory serves me right. Think people are just withdrawing funds for cash... Can't blame them really as sorry state of affairs.
Stupot1000 as you know more about charting than myself just wondering where the next resistances comes from once we are in the 130's again? Enjoying this rise as nearly in profit again :-) Thanks.
Been averaging down most months so glad it's starting to show life again. Chart bang on and tomorrows a big day to see if this goes further and falls back slightly. Still would say plenty to look forward to with this share and just think it's a really solid company... all just my own thoughts :-)
I have been invested in GEMD for a few years now and think it's a very well run company. Key thing for me is no debt and profitable even with diamonds at such a low price. Will be interesting if the do have a second dividend though! I still invest most months in this share, with my average about 25p higher than current prices. I think in a couple of years time this will be much higher when they have higher production levels and diamond price recovers, but as always DYOR.
Very good article and I just keep buying more of this stock every month as I feel one day it will be re-rated upwards. Will also be interesting about their next dividend and what it's set at.
Great results today and can see this going much higher. So much in place now for the future and with dividend next March (very good chance) things are very bright indeed for holders now and the last few years. IMHO
Think the dividend will be announced next week with half year, or a date for when it will be announced. Any thoughts about what it could be? I'm thinking about 7p a share, but could be slightly less. Great buy for me as bought in around £1.30, but it has been a long wait. I do hope the share price could head towards £3 over the next 6 months now it has finally broken £2 close :-) IMHO :-)
WOW - what was a good RNS. Great resources update for GEMD
Totally agree with all your comments Debs and looking forward to what the board say this week.
This is why I'm still holding mine. Looking forward to seeing what these two diamonds go for and the year end next month. GLA
Could close above 168p. Looking good right now for it!
Yes, really looking forward to results next month and hopefully get a re-rating to around the £2 mark or higher. We are well overdue this rise for what GEMD has achieve over the last 6 months & the quality of diamonds they are finding now. All IMHO and GLA
Sold today just before the big rise this afternoon. Average around £1.10 so very good profit. Just wish I had waited till Friday morning, but got to take a excellent profit when you can and needed the cash elsewhere. It has gone up so much over the last 10 days, but still looking very strong with gold rising. Wonder if we will get a wee sell off Friday afternoon with people taking profits before the weekend. GLA and long may the rise continue. It's been a rewarding experience after all the downs since 2008 :-)
Looking very good at the moment for a break out. Here's hoping we pass 20p over the next few days.
This share more like an AIM the way it falls for no reason. Just wondering if the two 'buys' at 1308 had anything to do with the drop and MM we're filling an order. Who knows & IMHO.
Will be interesting how the market takes Fridays RNS. Least everything I out in the open now & think the board have handled everything well. Cash dividend and shares consolidation. Payment 11th December. I will keep holding for 2014 as things could get better. IMHO & good luck everyone.